Credit Associate
TEKsystems
Overview
This position performs credit reviews and applications of customers. This includes the production of a credit application, credit review, and credit grading. This position is also responsible for the thorough and accurate analysis and assessment of the creditworthiness of the bank’s customers. Additionally, the hire, during the credit analysis process, reviews and ensures compliance with all covenants and terms and conditions of the credit and reviews all associated documentation and collateral.
Key Accountabilities:
+ Prepare timely and accurate credit applications for annual reviews, renewals of existing customers, and ad hoc monitoring, including preparation of related financial models and stress testing of those models, analyses of customer’s financial information and industry conditions.
+ Analyze borrowers’/potential borrowers’ financial statements, industry trends, economic conditions, prepare long-term projects, assess risk, and compile credit applications with high-quality standards.
+ Perform thorough investigations and exercise sound judgment in analyzing and assessing the risks associated with the bank’s investments and constantly adhere to the proper application of the bank’s credit granting policies and procedures, banking regulations, and best practices.
+ Prepare accurate daily, weekly, and/or monthly reports on borrowers (facilities and exposure, etc.) to circulate to Department Head, Account Officers, and Management.
+ Monitor, control, and inform accounts officers of credit-related trigger events and financial releases of customers in a timely manner.
+ Investigate, research, and discuss borrower requirements and transactions with deal administrators and account managers related to credit applications.
+ Respond to relevant Credit Department’s pre-approved requests by investigating and assessing validity with respect to changes in condition in a bilateral loan, to protect the bank’s position and preserve credit quality.
+ Coordinate with account managers or customers on financial reports and other specific requirements.
+ Prepare and provide special reports on borrowers and industry research upon request by the Department Head or account officers.
+ Assist the Department Head in completing special projects as requested.
+ Ensure full compliance with all the bank’s policies and procedures, including Anti-Money Laundering policies, and the requirements of the relevant regulatory bodies as communicated by the Compliance Department.
Responsibility: Responsible for the thorough and accurate assessment of the bank’s loan assets. Responsible in part for the overall quality of the bank’s credit portfolio and the timely achievement of assignments.
Job Specifications:
+ Knowledge: University degree in Business, Economics, Commerce, or equivalent. A postgraduate MBA preferred.
+ Experience: Minimum 8 years of previous related corporate banking experience, working in a high-pressure, deadline-driven work environment. Able to work independently on projects with little oversight. 8 years of experience in preparing credit applications, performing cash flow analysis, projections, ability to read and interpret financial statements, and strong accounting skills.
+ Skills: Excellent interpersonal, strong organizational, and communication skills. Demonstrate a high degree of attention to detail and ability to multi-task & work in a fast-paced environment. Strong analytical and critical thinking skills, ability to synthesize large amounts of information, analyze risk, and identify mitigating factors.
+ Computer Applications: GBR (proprietary system), Loan IQ, Microsoft Office (including Word, Power BI, and Excel), DebtDomain, S&P Cap IQ, and Bloomberg.
Working Conditions:
+ Time pressure/deadlines: Significant
+ Stress of multiple demands: Significant
+ Attention to details: Significant
+ Environment: Open office / Hybrid Work Model
+ Other: Availability for weekday evenings and weekend on-call schedules required to support critical operations.
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Pay and Benefits
The pay range for this position is $40.00 - $60.00/hr.
Pay and Benefits
The pay range for this position is $60.00 - $75.00/hr.
Workplace Type
This is a fully remote position.
À propos de TEKsystems:
Nous sommes partenaires dans la transformation. Nous aidons les clients à activer des idées et des solutions afin de profiter d’un nouveau monde d’opportunités. Nous sommes une équipe solide de 80 000 personnes, nous travaillons avec plus de 6 000 clients, dont 80 % faisant partie du Fortune 500, partout en Amérique du Nord, en Europe et en Asie. En tant que chefs de file de l’industrie des services technologiques complets, des services aux talents et des applications du monde réel, nous travaillons avec des leaders progressistes pour favoriser le changement. C’est le pouvoir d’un vrai partenariat. TEKsystems est une société du groupe Allegis.
About TEKsystems:
We're partners in transformation. We help clients activate ideas and solutions to take advantage of a new world of opportunity. We are a team of 80,000 strong, working with over 6,000 clients, including 80% of the Fortune 500, across North America, Europe and Asia. As an industry leader in Full-Stack Technology Services, Talent Services, and real-world application, we work with progressive leaders to drive change. That's the power of true partnership. TEKsystems is an Allegis Group company.
The company is an equal opportunity employer and will consider all applications without regards to race, sex, age, color, religion, national origin, veteran status, disability, sexual orientation, gender identity, genetic information or any characteristic protected by law.
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